$ETH Signal | Short 1H death cross + 4H bullish exhaustion


$ETH 1H MACD death cross with increasing green bars, RSI has been pressed down to 45.5 for three consecutive candles. 4H Bollinger Bands are narrowing to 2090-2162, bullish momentum bars are continuously shrinking. Buy order depth is 18.5 but selling pressure on the order book continues to accumulate, the support around 2120 is repeatedly tested with an increasing probability of being broken.
🎯Direction: Short (Pending order)
⚡Entry / Pending order: 2196.08
🛑Stop loss: 2213.65
🚀Target 1: 2160.94
🚀Target 2: 2143.37
🛡️Trade management: Reduce 50% of position at Target 1, move stop loss to break-even. If the price rebounds and breaks through 2213, exit the position. Short-term rebound strength is limited.
Depth logic: 4H bullish momentum continues to shrink, and after the 1H breakdown, the rebound strength is very weak. The current risk-reward ratio is 2:1. It is more reasonable to wait patiently for the rebound to liquidity-dense areas before entering again.
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